When you hear the word “special” you usually think of good things — special events, special features, special offers, special pricing, just to name a few. The word “special” generates feelings of anticipation and excitement. It’s even used in the name of a popular cereal to make ordinary flakes seem… well, special. But when it comes to your HOA, there is one kind of special that nobody likes — the special assessment. To homeowners, a special assessment means writing a big check to the HOA. To managers, it means having to deal with angry homeowners, increased scrutiny, and unrealistic expectations. The need for a special assessment may be a sign of poor planning, financial instability, or a lack of adequate insurance. Whatever the case, you can be sure there will be plenty of blame to go around. Read the article…………….
As most construction litigation practitioners are aware, the vast majority of construction defect cases settle…
B.C.’s Civil Resolution Tribunal has ordered three Vancouver strata unit co-owners to pay $8,500 for…
As the short session continues and the legislature continues to negotiate House Bill 542 with…
When a person buys a condo and needs a loan, the buyer must qualify, the…
It’s the hottest trend in the automotive industry, and it’s not electric vehicles or autonomous…
On April 24, 2024, Florida Governor Ron DeSantis signed House Bill 1029 into law, marking…